Receipt of second advance for FY25 R&D Tax Incentive
Released
Released
Announcement PDF
ASX Release
3 July 2025
Acrux receives further $0.46 million advance on FY25 R&D Tax Incentive
Melbourne, Australia; Acrux Limited (ASX:ACR), a specialty pharma company developing and
commercialising a portfolio of topically applied pharmaceutical products, is pleased to announce
it has received a second advance from Radium Capital in relation to its FY25 R&D Tax Incentive
(RDTI). This second advance totals $0.46 million and brings the total value of advances secured
against FY25 RDTI to $2.19 million, broadly representing 80% of the estimated RDTI applicable
for the eleven months to 31 May 2025.
This short term funding facility has been utilised by Acrux for several years to give early access to
the RDTI rebate. The FY25 rebate is expected to be received from the Australian Tax Office later
in 2025 and these funds will be used to support the progression of the development products and
management of the Company’s working capital.
Authorised for release by the Board of Acrux Limited.
About Acrux
Acrux is a specialty pharma company with a successful track record of developing and
commercialising a pipeline of topically applied pharmaceutical products. Drawing on 25 years of
experience, Acrux has successfully marketed through licensees a number of products worldwide
with emphasis on the United States. Acrux is formulating and developing a range of topical generic
products by leveraging its highly skilled workforce, on-site laboratories, GMP manufacturing suite,
technical, clinical and commercial experience to bring affordable products to market. Acrux
encourages collaboration and is well positioned to discuss commercial partnering and product
development opportunities. For further information on Acrux, visit: www.acrux.com.au
For more information, please contact:
John Warmbrunn
CEO & Managing Director
Acrux Limited
P: + 61 3 8379 0100
E: john.warmbrunn@acrux.com.au
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